Missouri Provision of Guaranty Stating that it is Unaffected by Any Waiver or Forbearance by Landlord

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Description

This office lease provision states that the guarantor's liability is not affected or impaired by any delay by or failure of the landlord in enforcing any of its rights or remedies under the lease or at law, or by any deferral, waiver, or release of the tenant's obligations under the lease or any forbearance by the landlord in exercising any of its rights and remedies or by any other action, inaction, or omission by the landlord. This guaranty is independent of any security or remedies which the landlord has under the law.

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FAQ

What is Missouri's Statute of Limitations for Filing a Property Damage Lawsuit? In Missouri, a property damage lawsuit must be filed within five years, ing to Missouri Revised Statutes section 516.120, which sets this time limit for: "an action for trespass on real estate"

Landlords cannot refuse to sell, rent, sublease or otherwise make housing available based on a renter's race, color, religion, sex, disability, familial status or national origin. Landlords also cannot charge some individuals higher rent or falsely state that housing is not available for discriminatory reasons.

Landlords in Missouri can only legally make deductions from security deposits for the following reasons: Nonpayment of rent. Property damage exceeding ordinary wear and tear.

Landlords cannot refuse to sell, rent, sublease or otherwise make housing available based on a renter's race, color, religion, sex, disability, familial status or national origin. Landlords also cannot charge some individuals higher rent or falsely state that housing is not available for discriminatory reasons.

? 1. A landlord may not demand or receive a security deposit in excess of two months' rent. 2. All security deposits shall be held by the landlord for the tenant, who is a party to the rental agreement, in a bank, credit union, or depository institution which is insured by an agency of the federal government.

The landlord cannot charge you for repairing ordinary ?wear and tear.? Ordinary wear and tear means those repairs that need to be made just because someone has lived in the home. Unless the landlord agrees, you cannot use the security deposit for the last month's rent.

By refusing to make repairs your landlord has breached the lease as well as its responsibility under ?the implied warranty of habitability.? In Missouri, implied into every residential lease is a promise by the landlord that a rental property is fit for living at the beginning of the lease and will be fit for living ...

Implied warranty ? merchantability ? usage of trade. ? (1) Unless excluded or modified (section 400.2-316), a warranty that the goods shall be merchantable is implied in a contract for their sale if the seller is a merchant with respect to goods of that kind.

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Missouri Provision of Guaranty Stating that it is Unaffected by Any Waiver or Forbearance by Landlord